Deutsche Post World Net, part of the German postal services group, is hoping to use its 6 June AGM to gain shareholders blessing to buy back its own shares. The programme is designed to permit the repurchase of up to 10 per cent of its shares.
Deutsche Post will be looking to use the shares to acquire new businesses.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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